Value Received - Law Dictionary Search Results
Value received
Matched in: Term Value received
value
Matched in: Term value
Aggregate value of taxable service
Matched in: Term Aggregate value of taxable service
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True-value rule
Matched in: Term True-value rule
Valuation
amount, but to that extent it is compulsorily changed in form. But the equivalent is estimated on the value to him, and not on the value to the purchaser, and hence it has from the first been … 'The principles upon which compensation is assessed when land is taken under compulsory powers are well-settled. The owner receives for the lands he gives up their equivalent-that is, that which they are worth to him in money.
Turnover of sales
returned or rejected by the purchaser within three months from date of delivery of such goods. [West Bengal Value Added Tax Act, 2003, s. 2(55)] Means the aggregate of the amounts of sale price received and receivable
basis
are recorded in the period when payment is received or made called also cash method 3 : the value (as cost or fair market value) of an asset used in calculating capital gains or losses for income
trust
which the named beneficiaries receive a fixed payment of not less than five percent of the fair market value of the original principal over the course of a specified period after which the remaining principal passes to … individuals succeed as beneficiaries charitable remainder annuity trust : a charitable remainder trust in which the named beneficiaries receive a fixed payment of not less than five percent of the fair market value of the original principal
Compensation
Deputy Collector, AIR 1965 SC 1017: (1965) 1 SCR 614. Means anything given to make things equal in value: anything given as an equivalent, to make amends for loss or damage. In all States where the rule … acts or omissions have caused loss or injury to another in order that thereby the person damnified may receive equal value for his loss or be made whole in respect of his injury, Sandvik Asia Ltd. v.
stated value
Matched in: Term stated value
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